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R1.9bn investment boon for mobile games, films in SA

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Talent10 Holdings ニュース

Industrial Development Corporation,Boy Kills World,South Africa Gaming

Talent10 and the Industrial Development Corporation commit over $100 million to develop a new entertainment and gaming franchise.

, in collaboration with the Industrial Development Corporation , has committed over $100 million to develop a new entertainment and gaming franchise in South Africa.

In a statement, Talent10 says gaming has become a cultural phenomenon in SA, with the South African gaming and entertainment industry valued at $266 million , and consisting of 26 million active gamers across various platforms – most commonly mobile phones. This led Lionsgate Films and Roadside Attractions signing on to distribute the film in the US, it adds.

Kagisho Bapela, sector lead for film and television finance at the IDC, says: “The IDC is responsible for investing in sectors of SA that show prominent growth potential, which this film and gaming franchise exemplify. This partnership not only supports the growth of the local entertainment industry but also fosters further job creation and economic growth in our country.”

Through the game, it explains, he develops an internal “voice”, fuelling his propensity for violence and providing an outlet for his pent-up emotions.

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